Stan Emms to Head Up Stillwater's Marathon PGM Project
BILLINGS, MT -- (Marketwire) -- 02/25/11 -- STILLWATER MINING COMPANY (NYSE: SWC) announced today that Mr. Stan Emms has joined Stillwater Canada Inc., a wholly owned subsidiary of Stillwater Mining Company, as General Manager of the Company's Marathon PGM Project.
Prior to joining Stillwater Canada Inc., Mr. Emms (55) served as Project Manager for Goldcorp Canada at their Musselwhite Mine in Ontario, Canada. Mr. Emms' extensive experience in project management includes twenty-eight years of promoting safety, efficiency and cost control within a wide variety of mine development and production activities, both in underground and open pit operations, and in the construction of mining infrastructure. Mr. Emms is a graduate of the Haileybury School of Mines in Haileybury, Ontario.
Commenting on the appointment of Mr. Emms, Frank McAllister, Stillwater Mining Company's Chairman and Chief Executive Officer, said, 'We are very pleased that Stan has joined our Stillwater team. The Marathon development project, which he will direct, is designed to access and mine a large PGM-copper resource situated near the town of Marathon on the north shore of Lake Superior in Ontario. Although the project is still in the permitting stage today, once in operation the Marathon facilities are forecasted to produce concentrates containing 200,000 ounces of palladium and platinum and 37 million pounds of copper per year. Stan brings with him a proven track record of successful project management that should serve us all well as we advance the Marathon development. We welcome him on board and look forward to working with him and his team in bringing this important project to fruition.'
Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining can be found at its web site: www.stillwatermining.com.